Wells Fargo & Company MN cut its position in shares of Buckle Inc (NYSE:BKE) by 24.1% in the 4th quarter, Holdings Channel reports. The firm owned 727,500 shares of the company’s stock after selling 231,312 shares during the period. Wells Fargo & Company MN’s holdings in Buckle were worth $17,279,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently modified their holdings of BKE. Schwab Charles Investment Management Inc. raised its holdings in Buckle by 39.6% during the third quarter. Schwab Charles Investment Management Inc. now owns 463,644 shares of the company’s stock worth $7,813,000 after purchasing an additional 131,594 shares during the last quarter. Groesbeck Investment Management Corp NJ acquired a new position in Buckle during the fourth quarter worth $1,544,000. Engineers Gate Manager LP acquired a new position in Buckle during the third quarter worth $1,007,000. First Trust Advisors LP raised its holdings in Buckle by 29.4% during the third quarter. First Trust Advisors LP now owns 149,559 shares of the company’s stock worth $2,520,000 after purchasing an additional 33,970 shares during the last quarter. Finally, Chicago Equity Partners LLC acquired a new position in Buckle during the fourth quarter worth $776,000. 64.93% of the stock is owned by hedge funds and other institutional investors.
Buckle Inc (NYSE BKE) opened at $19.05 on Tuesday. The firm has a market capitalization of $952.41, a price-to-earnings ratio of 11.04 and a beta of 0.86. Buckle Inc has a 1 year low of $13.50 and a 1 year high of $25.11.
In other Buckle news, VP Diane L. Applegate sold 1,200 shares of the firm’s stock in a transaction on Friday, January 19th. The stock was sold at an average price of $20.84, for a total transaction of $25,008.00. Following the completion of the transaction, the vice president now owns 20,500 shares of the company’s stock, valued at $427,220. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 41.70% of the company’s stock.
Buckle Company Profile
The Buckle, Inc is a retailer of casual apparel, footwear and accessories for young men and women. As of January 28, 2017, the Company operated 467 retail stores in 44 states throughout the United States under the names Buckle and The Buckle. The Company markets a selection of brand name casual apparel, including denims, other casual bottoms, tops, sportswear, outerwear, accessories and footwear.
Want to see what other hedge funds are holding BKE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Buckle Inc (NYSE:BKE).
Receive News & Ratings for Buckle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Buckle and related companies with MarketBeat.com's FREE daily email newsletter.